Top Tarrant, AL Business Bankruptcy Lawyers Near You

Lead Counsel Badge  = Lead Counsel Verified Attorneys
  • Maurice Watscher LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • McGlinchey Stafford PLLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Balch & Bingham LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Christian & Small LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Jones Walker LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Rumberger Kirk & Caldwell

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • The Nomberg Law Firm

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Reynolds Legal Solutions, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Watkins & Eager PLLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Bradley Arant Boult Cummings LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Hand Arendall Harrison Sale LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Dentons Sirote

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Butler Snow LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Balch & Bingham LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Ted Stuckenschneider, P.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • The Robinson Law Firm, P.C.

    Business Bankruptcy Lawyers | Pell City Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Pell City Office | Serving Tarrant, AL

  • Davis Law Group

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Phelps Dunbar LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

  • Bond & Botes Law Offices

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Tarrant, AL

Tarrant Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Tarrant

Lead Counsel independently verifies Business Bankruptcy attorneys in Tarrant and checks their standing with Alabama bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Business Bankruptcy Attorney near Tarrant

Business Bankruptcy

A Tarrant Business Bankruptcy can be a great option if your business is unable to meet its financial obligations and is looking to either restructure debt obligations or liquidate assets. Depending on your company’s current financial position, one or both strategies may be an option.

Business Bankruptcy Options

Provided the bankruptcy is not involuntary, your Business Bankruptcy Attorney may recommend either a Chapter 11 (“reorganization”), or chapter 7 (“liquidation”) bankruptcy to deal with your company’s financial issues.

A Chapter 11 allows a business to reorganize debts and pay off creditor’s over a period of time up to five years. A Chapter 7 liquidation forces the company to literally liquidate all assets, pay off creditors, and ultimately, stop operating. This is typically the least desirable option that your Business Bankruptcy Attorney will try to help you avoid.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

Tips on Approaching an Initial Attorney Consultation

  • Use the consultation as a means of gaining a better understanding of your legal situation.
  • Ask the attorney how many cases similar to yours he/she has handled. An attorney’s experience and knowledge can speak to their expertise (or lack of) in addressing your situation.
  • Your attorney should be able to articulate roughly how long a case like yours will take to resolve and what sort of procedures to expect.
  • Determine how comfortable you are working with the lawyer and/or law firm.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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